Apple Has Enough Cash To Buy Every Major Sports Team In The World

According to BGR.com Apple is making tons of money. They posted revenue of $51.5 billion and a quarterly profit of $11.1 billion.

The company is sitting on a cash hoard worth $206 billion, a figure that’s higher than the GDP of many countries.

With $206 billion, Apple could theoretically afford to give every single person in the United States $646.

Even more interesting is that Apple has enough cash to buy every single team from every major sports league in the world.

Football: all 32 NFL teams are worth approximately $37.2 billion.
Basketball: the NBA’s 29 teams are cumulatively worth about $32 billion. Baseball: the 30 teams that comprise Major League Baseball: the MLB teams are worth approximately $36 billion.
Hockey: the value of all NHL teams checks in at $14.7 billion.
Soccer: all 20 teams in Major League Soccer could be bought for $3.14 billion.

Adding everything together, Apple has enough cash to purchase every major sports team in the world and still have $59.7 billion in cash left over to play with.
See more on this story HERE. (BGR.com)